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Origin Defi Protocol Suffers Massive Flash Loan Attack- OUSD Stablecoin Value Plunges 85%
18.11.2020
The OUSD stablecoin issuer, Origin Protocol is the latest Defi protocol to fall victim to a flash loan attack. The attack, which occurred in the early hours of Tuesday, on November 17, resulted in the disappearance of tokens worth millions of dollars. Confirming the attack, one of...
Uniswap’s liquidity plunges 40% in a day as incentives dry up
17.11.2020
Almost 40% of liquidity on leading DEX Uniswap has left the platform with the end of UNI rewards for liquidity providers
Argentina’s Peso Plunges After Central Bank Tightens Foreign Exchange Controls: Citizens Discuss Bitcoin Adoption
18.9.2020
The Argentine peso plunged by more than 10% shortly after the country’s central bank announced measures to tighten controls on the movement of foreign currency. The peso, which is officially pegged at 72 for every USD, touched new lows of 145 to the greenback on the black market. The latest...
Bitcoin Plunges $403 in 1 Hour to Lowest in Month
3.9.2020
Price plunge came after reports that traders were selling an elevated level of bitcoin to exchanges for potential liquidation
Stock Trader Dave Portnoy Dives Into Bitcoin, Only to Panic-Sell After Chainlink Plunges
22.8.2020
High profile stock trader Dave Portnoy has panic sold his bitcoin one week after he got into cryptocurrency. He cited the falling price of chainlink, another of his crypto investments, as the main reason. Dave Portnoy Got in and Out of Crypto in One Week American trader and founder of Barstool...
YAM Token Holders ‘Burnt the Hardest’ After Price Plunges to Zero
13.8.2020
Yam Finance, an experimental DeFi protocol, crashed to zero after the discovery of a rebase bug. Compound, Yearn Finance, and Balancer plunged shortly thereafter
Lebanon’s Financial Meltdown: Currency Plunges 80%, Huge Losses at Central Bank, IMF Bailout Stalled
29.6.2020
The financial crisis in Lebanon has seen its currency, the Lebanese pound, fall 80%. The International Monetary Fund (IMF) has estimated that the country’s central bank has accumulated losses as much as 170 trillion pounds. The disagreement between the Lebanese government and the central bank...
Market Wrap: Traders ‘Whack the Beehive’ as Bitcoin Surges Then Plunges
2.6.2020
Bitcoin’s jump up and right back down is at least partially due to the crypto derivatives markets
Crude Oil Plunges to Negative Value; Crypto Influencers Took to Twitter to Share Reviews
21.4.2020
It won’t be wrong to say that the fluctuations in the value of crude oil inflict a direct or an indirect impact on all the major industrial domains in the global parlance. Recently, the price of crude oil steeped down to a historic low value of negative $3 per barrel, leaving the biggies of...
Dogecoin Faces a Pullback and Plunges at $0.00237
26.2.2020
Dogecoin, at the time of penning down this article, was trading at $0.00237 and is experiencing a freefall over the past two days after price accumulation DOGE price against US Dollar kept accumulating with the price range of $0.0026 and $0.0027, with a few instances above and below the said zone...
Dogecoin Faces a Pullback and Plunges at $0.00237
26.2.2020
Dogecoin, at the time of penning down this article, was trading at $0.00237 and is experiencing a freefall over the past two days after price accumulation DOGE price against US Dollar kept accumulating with the price range of $0.0026 and $0.0027, with a few instances above and below the said zone...
VeChain (VET) Plunges to $0.0052; Lacks Momentum and Active Support
10.1.2020
VeChain, at the time of penning down this analysis, was trading at $0.005263. Earlier this week, we had seen Bitcoin and most of the major altcoins soaring with a good height. However, we do not see the same momentum in that of VET coin as it could only mount at $0.0057. Accordingly, there has been...
Bitcoin Cash (BCH) Plunges Rapidly; Tests Support Below $195
25.11.2019
Bitcoin Cash trades below $200; records the lowest at $194 in the past 24 hours BCH price records a dip of over 27% from the highest ($214.75) to the lowest trading price ($194.76) in 24 hours BCH coin is on a continuous plunging spree since November 10, 2019 Bitcoin Cash rips off as the whole...
Ethereum (ETH) Plunges Even Densely; Faces Support at $175
19.11.2019
Ethereum price descends below $180 and trades around $176 Just when BTC broke around $8,200, the trading volume and market cap also exhibited a notable decrease A confirmed bearish trendline is formed as the ETH price plunged even below $178, and recorded the lowest at $173.56, as per Coinbase...
Litecoin Plunges Yet Remains Strong; Bitcoin Seems to Move Impromptu
12.11.2019
Litecoin takes a relaxing stride and, moreover, remains strong in this strong volatility while Bitcoin moves unrehearsed throughout. Litecoin doesn’t show enough price variation in comparison to Bitcoin since the start of a trading hour on November 12, 2019, until the time of writing. As per...
Stellar (XLM) Plunges by 4% in the Last 24 Hours
4.11.2019
Stellar (XLM) is on the verge of price recovery. The opening hours in XLM coin has invited a huge downtrend. The same is expected to remain intact for the rest of the day if the current trend persists. The last couple of days were quite volatile. However, there is a possibility for Stellar to climb...
Ripple Continues to Struggle; Plunges 4% Overnight
11.10.2019
Ripple loses 4% in the past 24 hours and touched 0.27 USD The next support awaits at 0.2667 USD Ripple (XRP) plunged by 4% over the last 24 hours and the value has now been confined around 0.27 USD price area. It has shown three major shifts over these 24 hours and the price movements …
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Bitcoin’s Network Hashrate Plunges To 40% Flash Crash
25.9.2019
A piece of shocking news was observed in the industry after Bitcoin’s network Hash rate was dipped to record low at 57,700,000 TH/S from 98,000,000 TH/S. Within 14 hours, Hashrate dipped sharply to half of its previous value, which indicates that almost half of the security has been removed, which...
Litecoin Price Analysis: Litecoin (LTC) Plunges But With A Bullish Sentiment
26.8.2019
Litecoin price chart of the last five days depicts a series of crests and turfs. LTC started trading on 21st Aug on a declining note and went down by almost 7% to $70.35 from $75.28. But soon revived by 5.03% and went back to the level of $73.89. And LTC made a dip again by …
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Market Update: Prices Drop as Crypto Sentiment Enters the Fear Zone
21.8.2019
Cryptocurrency markets fell hard on August 21 following the $700 price drop bitcoin core (BTC) saw during the early morning trading sessions. Most digital assets have lost 2-8% in value as the overall market valuation of all 2,000+ coins has plunged to $263 billion. Crypto price movements have been...